Exports of ready-made garments from Egypt fetched $ 614 million in the first six months of 2020, registering a 24 percent decline annually compared to $ 806 million received in the same period last year, the country's Readymade Garments Export Council (RMGEC) ) says the report. The US, EU and Arab countries were the main export destinations.
Approximately 58.4 percent or $ 359 million of ready-made garments from Egypt were imported by the US, followed by $ 164 million in EU garments, $ 31 million in Arab countries, and $ 713,000 by Africa, data from the RMGEC report showed. Exports to the rest of the country were nearly $ 60 million.
In June 2020, however, exports of clothing to Egypt grew by 2 percent annually to $ 128 million.
